1/27/2024 0 Comments Globalsan iscsi under recoveryUnified storage systems support files, along with block-based protocols such as FC and NFS, and HDD and flash-based storage drives. Hybrid solutions allow companies to merge block and file-based data on a common array. The introduction and adoption of hybrid SAN-NAS solutions are one of the reasons attributed to the growing trend in the global SAN market.Key takeaways from FMI's latest report include the following: The growth of the market is attributed to the surging IT spending in emerging economies and increasing demand for efficient data backup and storage operations. Thus, several market players are increasingly integrating advanced technologies in SAN solutions such as Fiber Channel (FC) SAN, Fiber Channel over Ethernet (FCoE) SAN, InfiniBand SAN, and iSCSI Protocol SAN, the researchers find.īoth hyper-scale server SAN and enterprise server SAN are utilised to improve the capacity of mass storage devices (tape libraries, optical jukeboxes, and disk arrays) that have access to servers. The need to store massive amounts of data among enterprises is on the rise for better performance, availability, manageability, and security of data storage assets has increased over the years. The demand for SAN is estimated to rise at a CAGR of 4.0% during the period 2014-2021. SAN market is predicted to be accountable for around 7% of the global next-generation data storage market.Īccording to historical estimations, the global SAN market was valued at US$14,921 million in 2014. The global market reached a valuation of US$19,576 million in 2021 and further expand at a valuation of US$26,867 million by the year 2029. As per Future Market Insights’ latest industry analysis, the global Storage Area Network (SAN) market is expected to display stable growth opportunities by exhibiting a CAGR of around 3.9% over the assessment period from 2022 to 2029.
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